The Court of Appeal reinstates the decision of the FTT on the deductibility of expenditure for CGT purposes. The UT confirms that negligible value claims not made during one’s lifetime cannot subsequently be made by PRs. A domicile determination of fact made by HMRC in relation to one tax year is not binding for a later tax year. An attempt to pierce the corporate veil fails on a finding of sham trusts. The planned probate fee increase suffers a setback ahead of its May 2017 proposed implementation date. And several tax consultations open with short response windows.
